Which act prohibits external auditors from providing many forms of non-audit services and consulting work to public companies for which the auditor also provides a financial statement audit?

Question

06-09-2022
Business

Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Which act prohibits external auditors from providing many forms of non-audit services and consulting work to public companies for which the auditor also provides a financial statement audit?

Sagot :

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.

Which are correct definitions for history? Choose all answers that are correct. A. a documented narrative of change over time B. the study of human behavior bef

Select all that apply. Classical biotechnology methods include _____. selective breeding recombinant DNA hybridization cloning induced mutations DNA profiling

Which shape has both flat and curved surface? Cube cone cylinder circle

In the list of activities below, mark each item if it was an event in the ancient Olympics. A. running B. tennis C. javelin throw D. long jump E. horseback ridi

This political party in the state of Arizona conducted a primary election, in 2000, online through the Internet. a. Republicans c. Democrats b. Greens d. Indepe

The Alliance for Progress provided what kind of assistance to Latin American countries? a. medical b. economic c. military d. diplomatic

Who was the first incumbent to lose the presidency?

Ashley has sold 70 percent of 20 candy bars she is supposed to sell for her softball team how many candy bars does she have left to sell

how much more is 4/6 Than 5/6

Which best describes the Seven Commandments? A. The rules Mr. Jones and other humans live by. B. The unalterable laws the animals live by. C. The charges brough

dubeyshailja64 dubeyshailja64 · Answer 1 · 2022-09-13T04:21:12-04:00

An act that prohibits external auditors from providing many forms of non-audit services and consulting work to public companies for which the auditor also provides a financial statement audit is the Sarbanes-Oxley Act of 2002. Thus the correct option is B.

What is a Financial statement?

The financial statement of a business is referred to as a written document that is prepared by the business to evaluate the profit and loss of the organization and check its performance and understand its position in the market.

Federal legislation known as the Sarbanes-Oxley Act of 2002 formed extensive financial and auditing standards for public firms. As a consequence of this law, external auditors are not allowed to provide public firms with several types of non-audit services.

Therefore, option B is appropriate.